The largest one-day drop in the history of the American stock markets occurred in
A) 1929.
B) 1987.
C) 2000.
D) 2001.
B
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Acme Global hired 20 new auditors last year. The average performance appraisal of the new auditors was 4.4 on a 5-point scale. The average for other auditors in the organization was 4.0. The new recruits’ performance is ____ percent above average.
A. 5 B. 10 C. 15 D. 20 E. 30
The weight of football players is normally distributed with a mean of 200 pounds and a standard deviation of 25 pounds. The probability of a player weighing less than 240 pounds is
A. 0.0548. B. 0.9452. C. 0.9956. D. 0.0044.
The difference between a merger and an acquisition relates to
A. the presence of available resources and competitive capabilities. B. creating a more cost-efficient operation out of the combined companies. C. the details of ownership, management control, and the financial arrangements. D. strategy and competitive advantage. E. whether the end result is related to horizontal or vertical scope.
Answer the following statement(s) true (T) or false (F)
1. In today’s quickly changing work environment the close, or autocratic, style of leadership is never appropriate. 2. The first step in the control process is to set standards. 3. Controlling is concerned with making certain that plans are correctly implemented and are being achieved. 4. If you are a laissez-faire leader who empowers others through effective delegation, then you do not need to be involved in the control process. 5. Planning, organizing, staffing, directing, and controlling should be carried out in all firms, but are only truly necessary in large-sized firms.